Living in Slate Springs, Mississippi

Cost of living, income, home prices, rent and demographics of Slate Springs · Census data 2020–2024

Slate Springs has 62 residents with a median age of 46. The median household income is $65,000 (15% higher than the Mississippi median), the median home value is $92,500.

Slate Springs is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Slate Springs at a glance

Population
62
Median age
46State: 38.6
Median household income
$65,000State: $56,447
Median home value
$92,500State: $169,800
Homeowners
80.8%
Bachelor's degree or higher
9.5%
Average commute
50 min

Is Slate Springs a good place to live?

Pros: Median household income 15% higher than the Mississippi median; home values 46% lower than the state median; a poverty rate of 4.8%.

Cons: An average commute of 50 minutes.

The weather is best in April–May and September–October.

Cost of living in Slate Springs

Housing is the biggest part of the cost of living. In Slate Springs the median home value is $92,500, 72% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay — a month in housing costs.

Median home value

Slate Springs$92,500
Mississippi$169,800
United States$332,700

Median monthly rent

Mississippi$954
United States$1,413

Slate Springs median household income

The median household income in Slate Springs is $65,000 and the income per person is $25,885. 4.8% of residents live below the poverty line (Mississippi: 18.9%).

Median household income

Slate Springs$65,000
Mississippi$56,447
United States$80,734

Housing in Slate Springs: homes for sale and rent

Housing units
41
Owner-occupied
80.8%
Renter-occupied
19.2%
Vacant
36.6%Includes seasonal homes
Median year built
1975
Average household size
2.38

36.6% of homes are vacant most of the year, a sign that Slate Springs has many vacation and second homes.

Slate Springs demographics

Population
62
Median age
46
Under 18
14.5%
65 and older
30.6%
Households
26
Foreign-born
1.6%
Veterans
5.7%Adults 18+

Race and ethnicity

White100%
Hispanic or Latino0%
Black0%
Asian0%

Hispanic or Latino can be of any race. Population history of Slate Springs ›

Education in Slate Springs

9.5% of adults 25 and older in Slate Springs have a bachelor's degree or higher (Mississippi: 25.1%), and 0% have a graduate or professional degree.

Bachelor's degree or higher

Slate Springs9.5%
Mississippi25.1%
United States35.7%

Jobs and commute in Slate Springs

Unemployment rate
0%State: 5.8%
Average commute
50 minState: 26 min
Work from home
0%
Drive alone
84.4%
Public transit
0%
Walk to work
3.1%
Homes with broadband
84.6%

Slate Springs vs nearby towns

TownPopulationMedian incomeHome valueRent
Slate Springs62$65,000$92,500—
Big Creek124$64,583$88,600—
Calhoun City1,745$40,078$94,700$537
Derma963$41,071$84,800$752
Walthall128$59,583$116,700$850
Pittsboro300$42,216——
Eupora2,250$53,793$103,100$528
Vardaman1,100$38,456$53,800$465
Bruce1,483$26,923$71,700$643

More for people moving to Slate Springs

Slate Springs ZIP code ›Weather and climate ›

Living in Slate Springs: FAQ

What is the median household income in Slate Springs, MS?

The median household income in Slate Springs is $65,000, 15% higher than the Mississippi median of $56,447 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Slate Springs?

The median home value in Slate Springs is $92,500, compared with $169,800 in Mississippi.

Is Slate Springs, MS a good place to live?

Pluses: median household income 15% higher than the Mississippi median; home values 46% lower than the state median; a poverty rate of 4.8%. Minuses: an average commute of 50 minutes.

What is the median age in Slate Springs?

The median age in Slate Springs is 46 years (Mississippi: 38.6).

How long is the commute in Slate Springs?

The average commute to work in Slate Springs is 50 minutes; 0% of workers work from home.

What is the unemployment rate in Slate Springs?

The unemployment rate in Slate Springs is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Slate Springs?

9.5% of adults in Slate Springs have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

Last updated: